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FDIC only covers $250,000 per depositor per bank per account type, so it depends on how many employees are making how much money. $250k is enough to pay about 2
by HideousKojima 4y ago
FDIC only covers $250,000 per depositor per bank per account type, so it depends on how many employees are making how much money. $250k is enough to pay about 20 employees who make ~$150k a year for another month, to give you a rough idea. So it depends on how many employees your employer has and how much they get paid on average. Also it depends on how much incoming revenue your employer has.